Company Registration No. 12356795 (England and Wales)
EXACT PROCUREMENT SOLUTIONS LTD
Unaudited accounts
for the year ended 31 December 2025
EXACT PROCUREMENT SOLUTIONS LTD
Unaudited accounts
Contents
EXACT PROCUREMENT SOLUTIONS LTD
Company Information
for the year ended 31 December 2025
Director
Mohammad Yasin Sharif
Company Number
12356795 (England and Wales)
Registered Office
20 Burleigh Street
Burnley
Lancashire
BB12 0DA
United Kingdom
Accountants
SAGHIR AHMAD & COMPANY, INTERNATIONAL ACCOUNTANTS
2nd Floor
33 Bent Street
Cheetham Hill
Manchester
M8 8NW
EXACT PROCUREMENT SOLUTIONS LTD
Statement of financial position
as at 31 December 2025
Tangible assets
24,874
31,175
Cash at bank and in hand
62,278
40,302
Creditors: amounts falling due within one year
(56,590)
(48,383)
Net current assets/(liabilities)
5,688
(8,081)
Called up share capital
200
200
Profit and loss account
30,362
22,894
Shareholders' funds
30,562
23,094
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 June 2026 and were signed on its behalf by
Mohammad Yasin Sharif
Director
Company Registration No. 12356795
EXACT PROCUREMENT SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2025
EXACT PROCUREMENT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12356795. The registered office is 20 Burleigh Street, Burnley, Lancashire, BB12 0DA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Per annum reducing balance method
Computer equipment
20% Per annum reducing balance method
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
26,250
9,170
8,162
43,582
At 31 December 2025
26,250
9,170
8,162
43,582
At 1 January 2025
875
6,676
4,856
12,407
Charge for the year
3,806
1,834
661
6,301
At 31 December 2025
4,681
8,510
5,517
18,708
At 31 December 2025
21,569
660
2,645
24,874
At 31 December 2024
25,375
2,494
3,306
31,175
EXACT PROCUREMENT SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,653
10,104
Loans from directors
42,325
33,281
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).